Pillar II: Form for “Notification of Submission of the Globe Information Return” published on the FinanzOnline platform

Austrian companies or permanent establishments (“constituent entities”) subject to the Global Minimum Taxation (Pillar II) are generally required to submit a GloBE Information Return (GIR) in Austria, regardless of whether they are part of an Austrian or a foreign group. The filing deadline is 18 months after the balance sheet date for the first financial year covered by Pillar II, i.e., for groups with a balance sheet date of 31 December 2024, the filing deadline is 30 June 2026. The GIR is – in simple terms – a comprehensive declaration that includes all Pillar II-relevant data for the entire group. In practice, however, the GIR will not be submitted by every Austrian constituent entity because the following alternatives are available:

• The Austrian constituent entities can jointly transfer the obligation to submit the GIR to one other Austrian constituent entity within the same group (the “designated local entity”). This designated local entity must notify the Austrian tax office of its designation within the deadlines for submitting the GIR (“Notification 1”).
• If the GIR is filed abroad and an exchange of GIRs between Austria and the country of filing is in place, neither an Austrian constituent entity nor the designated local entity located in Austria is obligated to submit the GIR. Instead, the Austrian tax office must be informed which foreign constituent entity submits the GIR in which country (“Notification 2”).
• Notification 1 and Notification 2 can be combined, i.e., one Austrian constituent entity can act as the designated local entity for all other Austrian constituent entities and notify the tax office that the GIR is filed abroad; this Austrian constituent entity must then submit both Notification 1 and Notification 2.

A joint form for Notification 1 and Notification 2 was recently published on the Austrian FinanzOnline platform (“Notification of Submission of the GloBE Information Return”). We are happy to assist you with the submission of this notification or any questions you may have in this regard.